2023 LBP to IQD Historical Review

YEARLY HIGH

0.9677 IQD

YEARLY LOW

0.0853 IQD

YEARLY AVERAGE

0.1753 IQD

2023 LBP to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.9677. Conversely, the yearly low was recorded on July 8, dropping to 0.0853.

This high-to-low spread represents a total annual volatility of 0.8824 IQD. From a start-to-finish perspective, comparing the January average rate of 0.9629 to the December average rate of 0.0871, the exchange rate registered a net change of -90.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9677 was down 3.42% compared to the 2022 peak of 1.0019, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 LBP based on timing:

Yearly Peak High 4,838 IQD

2022 Average 4,816 IQD

Yearly Trough Low 426 IQD

Transaction Impact: A difference of 4,412.01 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0506

-0.0010

JanuMarcMayJulySeptNove

LBP to IQD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.2636, compared to 0.0870 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1766 points.

H1 Avg (Jan–Jun) 0.2636

H2 Avg (Jul–Dec) 0.0870

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.8729 IQD (High: 0.9677 / Low: 0.0948). On the other end, November was the most stable month, with a tight range of 0.0003 IQD (High: 0.0874 / Low: 0.0871).

February Spread (Volatile) ±0.8729

November Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.7108 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.7108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.2521) against the same month in 2022 (average: 0.9639), the exchange rate shifted by -0.7118 (-73.85%).

2023 Avg (February) 0.2521

2022 Avg (February) 0.9639

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9653	0.9564	0.9629
February	0.9677	0.0948	0.2521
March	0.0972	0.0957	0.0967
April	0.0982	0.0878	0.0961
May	0.0970	0.0858	0.0875
June	0.0874	0.0853	0.0866
July	0.0876	0.0853	0.0869
August	0.0879	0.0858	0.0870
September	0.0872	0.0863	0.0870
October	0.0874	0.0868	0.0872
November	0.0874	0.0871	0.0872
December	0.0872	0.0868	0.0871